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A report from the Financial Stability Oversight Council cited a bigger share of originations and servicing by nonbanks as a potential vulnerability in the financial system.
December 4 -
Sen. Elizabeth Warren introduced a bill to require CFPB approval for certain bank merger applications in the wake of regulators' approval of a deal between BB&T and SunTrust.
December 4 -
Lawmakers blasted an apparent decision by the OCC and FDIC to move forward with a proposal to reform the Community Reinvestment Act without the support of the Fed.
December 4 -
A 15-hour shutdown of online banking, mobile banking, ATMs and wire transfers was caused by a single data storage unit. BB&T's lawsuit blames the vendor, but the bank may have left itself too exposed to equipment failure.
December 4 -
The industry's dominant growth strategy of 2019 was a hot topic during a House Financial Services Committee hearing.
December 4 -
Nationwide Building Society is investing in the U.K. fintech charity app Percent, broadening Nationwide's support of charities and expanding Percent’s user base beyond its traditional core segment of students and young adults.
December 4 -
The online lender, which has received state approval to establish a virtual currency business, can now offer a full range of investment services — including trading in digital assets — in New York.
December 4 -
The decline in revenue from capital markets undercut gains in consumer banking and pushed fiscal fourth-quarter earnings below analysts’ expectations.
December 4 -
In the race to make shopping as easy as possible, a growing group of companies has turned to a strategy that seems impossible in our security-saturated world: the honor system.
December 4 -
Third party and payment attacks are an expanding threat, says says Jscrambler's Rui Ribeiro.
December 4
Jscrambler -
Instead of imposing interest rate caps, policymakers should require online lenders to provide clear disclosures and promote partnerships with banks.
December 4
CASH AMERICA -
Credit unions must do a better job focusing on how members interact with the institutions chartered to serve them.
December 4
PenFed -
Banks will not have to file reports on customers just because they're in the hemp business; making it easier for people with no credit history to get loans.
December 4 -
ABN Amro cuts ATMs; Clearing House faster pay picks up credit unions; and other information you need to start your day, from PaymentsSource and around the web.
December 4 -
The Mechanicsburg, Pa.-based credit union has revamped its financial literacy offerings to align with in-school curricula on the topic developed by the Pennsylvania Department of Education.
December 4 -
'Why fix what isn't broken?' is the wrong question for AP automation, where manual processes are adding labor and costs, says Nvoicepay's Ron Nachmann.
December 4
Nvoicepay -
Paytm and Walmart are each offering credit in India to obtain a competitive advantage in an environment that's typically more welcoming than that of China.
December 4 -
Navy Federal Credit Union is Exhibit A in banks' case to tax the credit union industry. But it wasn’t always seen as the powerhouse it is today. Meet Adm. Cutler Dawson, the man who changed that.
December 3 -
Federal Reserve officials said they contained fallout from the rate spike in the repurchase agreement market, but the episode poses longer-term repercussions for liquidity rules, the transition to a new interest rate benchmark and other issues.
December 3 -
Wealthfront will add third-party mortgages to its investing platform, while Varo Money says robo advice and mortgages are in its long-term plans.
December 3



















